Prospective Payment System
The Centers for Medicare & Medicaid Services is encouraging provider input as it seeks to change the payment system for therapy provided by skilled nursing facilities.
Between 2001 and 2010, spending on Medicare beneficiaries needing post-acute services has jumped from $26.6 billion to $58 billion.
Leading provider groups are sharply critical of a Medicare advisory committee's recommendation that the Centers for Medicare & Medicaid Services should massively overhaul the skilled nursing facility reimbursement system and rates.
Nursing home operators need to make sure their MDS coordinators are paying close attention to the changes to the prospective payment system, an expert said yesterday during the last 2011 McKnight's Super Tuesday webinar.
The time has come to decentralize long-term care organizations to attract more entrepreneurial, innovative and committed leaders.